Mi-Co Partner, INKStreams Receives International Banking Technology Award

Research Triangle Park NC and London, England. Mi-Co, the mobile data capture company, announced today that solutions partner INKStreams was presented the Highly Commended Assisted Customer Service Innovation Award in the Retail Banking category at the Banker Magazine awards event held in London, England.

“INKStreams President, Rick daSilva, has worked with Mi-Forms technology for over 3 years and continues to demonstrate an extensive understanding of the positive impacts of digital ink applications,” stated Carolee Nail, Mi-Co Vice President, “and we congratulate Rick and his team for receiving this award for their work at Scotiabank.”

Scotiabank, which has offices in over 50 countries and 51,000 employees, has a stated goal of being the world’s best Canadian-based international financial services company. The bank began working with INKStreams to improve the efficiency of the applications process in the highly competitive residential mortgage business.

A key component of the bank’s pilot application uses Mi-Forms technology to capture digital ink, convert that digital ink into computerized text and send the information to the back end mortgage application databases for further processing.

The technology awards presented by Banker Magazine (www.thebanker.com) are designed to provide financial institutions and their clients with an objective analysis of the technological expertise that exists within key business areas. The Awards highlight those solutions and projects that have made a real difference over the past 12 months.

About INKStreams

INKStreams is a Mi-Co and Anoto business solutions provider with headquarters in Toronto, Canada. The company is dedicated to providing cost effective and intelligent workflow solutions using digital pen and tablet pc technology. The company’s extensive experience has demonstrated that the use of digital pens and electronic ink is a highly efficient means of data capture. This efficiency is gained because digital ink streamlines paper processing by immediately imaging, routing and converting handwritten inputs to ASCII data for integration with business systems. For more information on INKStreams and the company’s offerings, please visit www.inkstreams.com.

About Mi-Co

Mi-Co, the mobile information and data capture company, provides digital writing software that enables an efficient and effective process for capturing and communicating handwritten data. Mi-Co’s enterprise Mi-Forms Software System enables flexible e-forms design for data capture using digital ink. In addition, Mi-Forms Software has proven capabilities for handwriting interpretation, touch-screen input, verification, data validation and communication of forms-based data for enterprise users. Mi-Forms supports Tablet PCs, UMPCs, Digital Pens, Pocket PCs and signature capture devices. The company is headquartered in Research Triangle Park, North Carolina and has a Washington customer service center. For more information on Mi-Co, visit www.mi-corporation.com.